Fixed Deposit Scheme - Karamjyot Bachat Nidhi Limited

Time Period Interest Rate Maturity Amount
12 Months 9.50% -
24 Months 10.00% -
36 Months 10.50% -
48 Months 11.00% -
60 Months 12.00% -

Terms & Conditions:-

  • It is mandatory to be a member in the company.
  • Company will issue 10 shares (10/- Rs each) for FD Plan.
  • Minimum FD would be of Rs.5000 and further in multiple of Rs. 1000.
  • Interest calculation yearly compound.
  • TDS Deducted to be Deducted on interest. Paid by Karamjyot Nidhi on Deposit as per provisions and Income tax Act.
  • Loan available against deposits up to 60% of deposited amount after one month from the date of deposit
  • No Pre maturity in one year plan
  • If any person premature its F.D the person will be paid 5%, less of maturity interest after 12 month to 60 months.
  • In case of death of a depositor, the company will repay to nominee or beneficiary the principal & interest, at which it was accepted.